Unity Small Finance Bank FD Calculator


Maturity Amount:

Interest Earned:

TenureInterest Rates(General Public)Interest Rates (Senior Citizens)
7 - 14 Days4.50%4.50%
15 - 45 Days4.75%4.75%
46 - 60 Days5.25%5.75%
61 - 90 Days5.50%6.00%
91 - 164 Days5.75%6.25%
165 Days - 6 Months5.75%6.25%
>6 Months - 201 Days8.75%9.25%
202 - 364 Days6.75%7.25%
1 Year7.35%7.85%
1 Year 1 Day7.35%7.85%
1Year 1 day - 500 days7.35%7.85%
501 Days8.75%9.25%
502 Days - 18 Months7.35%7.85%
18 Months - 700 Days7.40%7.90%
701 Days8.95%9.45%
702 Days - 1000 Days7.40%7.90%
1001 Days9.00%9.50%
1002 Days - 3 Years7.65%8.15%
>3 Years - 5 Years7.65%8.15%
>5 Years- 10 Years7.00%7.50%

Unity Bank offers some of the most competitive interest rates on fixed deposits (FDs) compared to other banks. Fixed deposits (FDs) are a secure investment option that isn't linked to market fluctuations, making them a preferred choice for many investors. To help you make the best investment decisions, you can utilize the Unity Bank FD calculator to determine your potential returns. The Unity Bank FD calculator considers the principal amount, current interest rates, and the investment tenure to provide you with the maturity and interest amounts.

How Can a Unity Bank Fixed Deposit Calculator Help You?

An example of how an FD calculator can assist you is by illustrating the potential returns on your investment. Let's consider a hypothetical scenario:

Imagine you have Rs. 100,000 that you're considering investing in a fixed deposit with Unity Bank. You've read about the different FD tenure options and the corresponding interest rates in our article. To determine the potential earnings on your investment, you decide to use the Unity Bank FD calculator.

Here's how it works:

  1. Go to the Unity Bank website and access the FD calculator.
  2. Input the following details into the calculator:
    • Principal amount: Rs. 100,000
    • Tenure: 1 year

After entering these details, the Unity FD calculator instantly calculates the maturity amount you can expect at the end of your investment tenure, considering Unity Bank's current FD rates. You learn that for a 1-year deposit, you would earn a specific interest amount.

Impressed by the simplicity and convenience of the FD calculator, you decide to explore other tenure options. You quickly compare potential earnings for various investment periods, helping you make a well-informed decision about the best FD tenure for your financial goals.

By demonstrating this scenario in our article and providing a direct link to Unity Bank's FD calculator, we are effectively showing our readers how they can use the calculator to assess their potential earnings based on the bank's FD rates. This interlinking strategy enhances the user experience and provides valuable practical information to our audience.

How Does an FD Calculator Work?

An FD calculator is a tool that helps investors compute the maturity amount and interest earned on their fixed deposit investments. The Unity Bank FD calculator employs a formula that takes into consideration the principal amount, applicable Unity Bank FD interest rates, and the tenure to calculate the maturity and interest amounts.

The formula used by the Unity Bank FD calculator is:

A = P (1 + r/n) ^ n*t


  • A represents the maturity amount.
  • P is the amount you intend to invest.
  • r is the annual interest rate.
  • n is the frequency of interest compounding. (For quarterly compounding, n equals 4; for semi-annual compounding, it's 2; and for monthly compounding, it's 12).
  • t represents the investment tenure.

For example, if you want to invest Rs. 10,000 for 5 years at a 7.65% annual interest rate compounded annually, the calculation would be as follows:

  • P = 10,000
  • r = 7%
  • n = 1
  • t = 5

Hence, A = 10,000 (1 + 7.65%/1) ^ 1*5.

According to this calculation, the invested amount would grow to Rs. 14,606.6 over 5 years. The FD calculator saves time and ensures accurate returns calculations, taking into account variable interest rates and investment tenures.

How to Use Unity Bank Fixed Deposit Calculator?

To use the Unity Bank fixed deposit calculator, simply enter your initial investment amount, the interest rate, and the tenure. The calculator will instantly display the total maturity amount, making your investment planning effortless.

Advantages of Using Unity Bank Fixed Deposit Calculator

Minicalci's online Unity Bank FD calculator is a user-friendly tool that simplifies investment planning, helping you make quick decisions without hassle. By using this calculator, you can determine the most suitable investment tenure and receive precise results, eliminating the need for manual calculations. It streamlines the process of planning both short-term and long-term investment objectives.

Diversifying your savings through a combination of short-term and long-term fixed deposits is a wise strategy for growing your wealth. Minicalci's Unity Bank FD calculator empowers you to allocate your funds optimally and maximize your returns. This tool aids in choosing the right investments for your financial goals.

In conclusion, using Minicalci's Unity Bank FD calculator can save you time and deliver accurate results for the data you provide.

Frequently Asked Questions

What are the current Unity Bank FD interest rates for senior citizens in 2023?

As of October 2023, the current Unity Bank FD interest rates for senior citizens range from 4.5% to 9.5%. Please note that these rates are subject to change, so it's advisable to check the latest rates before making an investment.

How do I calculate the interest on a Unity Bank monthly income scheme for senior citizens?

To calculate the interest on a Unity Bank monthly income scheme for senior citizens, you can use the formula A = P * (1 + r/n)^(n*t). Here, A represents the maturity amount, P is the principal amount, r is the interest rate, n is the number of times interest is compounded per year, and t is the deposit tenure in years. You can also take advantage of the Unity Bank FD calculator available here to easily compute both interest and maturity amounts.